Payroll
The process of calculating and delivering worker pay while handling deductions, taxes, schedules, and records.
References
- IRS Publication 15, Employer's Tax Guide
Internal Revenue Service
Official employer tax guide for payroll withholding, deposits, forms, and recordkeeping.
FAQs
- Is payroll different from payroll management?
- Payroll is the pay process itself; payroll management includes the controls, approvals, records, and connected operations around that process.
- What data should payroll software receive from HR systems?
- Payroll software usually needs employee identity, job, compensation, tax, benefits, time, leave, banking, and employment-status data from authoritative HR systems.
Related Terms
Payroll Management
The process of calculating pay, deductions, taxes, payments, and payroll records for employees and workers.
Payroll Automation
Automation that supports payroll calculations, reminders, approvals, corrections, and connected pay workflows.
HR Compliance
The controls and processes used to manage HR obligations, records, policies, and risk signals.
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